Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$238,624$238,624$337,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$98,876$0
Funding fee$1,193$1,193$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.274%7.640%
1st payment$1,274.61$1,274.61$2,336.78
2nd payment$0.00$741.57$0.00
Taxes / mo$312.50$312.50$312.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$8.33$8.33$8.33
Total monthly$1,745.44$2,487.01$2,875.11
Cash to close$136,376$37,500$37,500